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Is there a financial advisor "flippening" in the works?

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I am fascinated by the financial advisory industry and Bitcoin. The industry has been trained to sh*t on Bitcoin for years and years (speculative, gambling, no intrinsic value, not backed by anything etc. etc.). but there appears to be a “flippening” which much more Bitcoin chatter in the mainstream financial media.

This is why Fidelity and BlackRock ETF was a game changer. (Versus who the f**k is Coinbase, FTX and Binance??)

I am beginning to believe advisors will shift from “it is irresponsible for me to put you in bitcoin” to “it is irresponsible for me NOT to have you in bitcoin”

When will clients start asking “Why didn’t you have me in the best performing asset of the decade?” if they are not already?

Does the script change to “For our conservative investors we are going to put you in at one percent as a hedge. For aggressive investors we will put you in at 5% for our most aggressive investors we are recommending a 15% allocation.” Our research team shows this is likely to improve returns due to his lack of correlation with traditional stocks and bonds, superior Sharpe ratio yada yada yada.

If this occurs in reality it will be more rocket fuel for bitcoin!

I am sure there are many FAs on this sub - how are you folks thinking about bitcoin? If a >0% allocation for everyone on the table? Am I wrong here and just sniffing bullish hopium? Sincerely curious....

edit- typos

submitted by /u/a01088096
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